The European Parliament adopted a Resolution on the European Private Company at the beginning of February 2007. Why has nothing been done for almost half a year?
The Commission has not been twiddling its thumbs. We have studied the European Parliament’s report and recommendations as well as the feasibility study of 2005. Whilst doing this analysis the Commission discovered several issues which needed to be tested with the market. That is why the Commission launched a specific consultation on the European Private Company in July. This should give us the facts and evidence needed for a legislative proposal.
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